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GMR Infrastructure Ltd has commenced the operation of its 370-MW GMR Vemagiri Power Generation Ltd's gas-based project from Wednesday at Vemagiri in Andhra Pradesh.
The project commenced operation under the 'Scheme for utilisation of stranded gas-based power plants' as launched by Government of India in March 2015.
The plant is operating at 95 per cent plant load factor (PLF) at present thereby generating 350 MW and supplying power to AP Transco.
Current operations will continue up to September 30, 2015. Thereafter, the Government of India will call for a fresh round of bidding. The scheme envisages government subsidies from the Power System Development Fund (PSDF) through a transparent ebid process.
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